You find a distressed property, get it under contract, and then sell that contract to another investor for a fee. You can use that fee as your down payment for your own project.
These are private investors who fund "fix and flips." They care more about the property's potential value (After Repair Value) than your credit. They often fund 100% of the purchase and repair costs, but the interest rates are high and you must sell or refinance quickly. how to buy a fixer upper house with no money
For six months, Leo lived in a sleeping bag in the one room that didn’t leak. He used his day-job paychecks to buy plywood and shingles. He bartered labor with a plumber friend, trading his own drywalling skills for a new water heater. You find a distressed property, get it under